The Royal Society for the Prevention of Accidents (RoSPA) claims a reduction in penalty points would be a negative move for road safety.
Kevin Clinton, head of road safety at RoSPA, said: 'The current system of three penalty points for speeding is the major deterrent for drivers rather than the fine.
'RoSPA would strongly oppose any reduction in penalty points for speeders as it would be a backward step for road safety. It would send the wrong message and make it even harder to convince drivers that inappropriate speed is dangerous and criminal.'
A review of the current system could see motorists awarded penalty points on the severity of the offence. A motorist travelling at 90mph in a 70mph limit could get three points, compared to two points for travelling at 35mph in a 30mph zone. Government opposition claims that Labour is backtracking on its speed camera policies by considering alternative penalties.
Conservative MP and Shadow Transport Secretary Damian Green said: 'After spending the past month criticising our proposals on speed cameras the Government is clearly having welcome second thoughts. What drivers need is to know that every camera is contributing to road safety, not the Chancellor's coffers. We need penalties that fit the crime.'